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NJCLASS Home

Your student loan rate
may be lower than you think.

  • NJCLASS is Available for Undergraduate
    and Graduate Students
  • Fixed Rates, No Origination Fees,
    and No Penalties for Early Repayment
  • Lower APR than Federal Parent PLUS*

NJCLASS Rates for Academic Year 2026-2027

Option 1
10 - Year
5.95% APR
Immediate repayment of principal and interest while in school
Option 2
15 - Year
7.25% APR
Interest only payments while in school
Option 3
20 - Year
8.65% APR
Full deferment while enrolled in school at least half time
Refinance
Save money by refinancing your loan. Interest rates as low as 6.45%.
Learn More
Lower Interest
Additional 0.25% interest rate reduction for an automatic recurring monthly repayment when paying both principal and interest.
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In/Out State
NJCLASS loans can be applied to your in-state, out-of-state, or online learning!
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Cosigning Considerations
Considerations on cosigning a loan.
Learn More
Service Members
Servicemembers Civil Relief Act
Learn More
Pay NJCLASS Online Pay NJCLASS Online
Credit Scores Learn More About Credit Scores

* The Annual Percentage Rate (APR) for Federal Parent PLUS loans disbursed on or after July 1, 2026 and before July 1, 2027 is 9.07%.

Student loan comparison information document (18A:71C-21.2) available here.

NJCLASS Fall 2026/Spring 2027 New Rates Effective June 3, 2026. Everything is subject to the availability of funding. Additional terms and conditions available here.